A Study Investigating the Factors that Cause Delays and Cost Overruns in Construction Projects in India


Book Description

Anyone who has got a rework or renovation work done in their house can tell you what a troublesome activity it is. Not only that, it seems to take forever to be completed and is heavy on the wallet. Even an international icon like the Sydney Opera house, which has always been Australia's pride, was delayed by 10 years with its budget shooting up by 14.5 times its estimated budget of $7 million. There are plenty of such examples available. It is very common for construction projects to get delayed and outrun their budget. This is a tough scenario faced by almost all projects around the world, with India not being an exception. Thus, the researcher has undertaken this research to investigate the factors responsible for delays and cost overruns. Both secondary research and primary research have been carried out and the barriers have been identified. Such barriers create problems that hinder the efficiency and progress of a project, making it lag behind its schedule. The factors identified in the secondary research are compared to the findings of the primary research to see if they hold true in the Indian context.




A study investigating the factors that cause delays and cost overruns in construction projects in India


Book Description

Anyone who has got a rework or renovation work done in their house can tell you what a troublesome activity it is. Not only that, it seems to take forever to be completed and is heavy on the wallet. Even an international icon like the Sydney Opera house, which has always been Australia’s pride, was delayed by 10 years with its budget shooting up by 14.5 times its estimated budget of $7 million. There are plenty of such examples available. It is very common for construction projects to get delayed and outrun their budget. This is a tough scenario faced by almost all projects around the world, with India not being an exception. Thus, the researcher has undertaken this research to investigate the factors responsible for delays and cost overruns. Both secondary research and primary research have been carried out and the barriers have been identified. Such barriers create problems that hinder the efficiency and progress of a project, making it lag behind its schedule. The factors identified in the secondary research are compared to the findings of the primary research to see if they hold true in the Indian context.




Risk, Reliability and Sustainable Remediation in the Field of Civil and Environmental Engineering


Book Description

Risk, Reliability and Sustainable Remediation in the Field of Civil and Environmental Engineering illustrates the concepts of risk, reliability analysis, its estimation, and the decisions leading to sustainable development in the field of civil and environmental engineering. The book provides key ideas on risks in performance failure and structural failures of all processes involved in civil and environmental systems, evaluates reliability, and discusses the implications of measurable indicators of sustainability in important aspects of multitude of civil engineering projects. It will help practitioners become familiar with tolerances in design parameters, uncertainties in the environment, and applications in civil and environmental systems. Furthermore, the book emphasizes the importance of risks involved in design and planning stages and covers reliability techniques to discover and remove the potential failures to achieve a sustainable development. - Contains relevant theory and practice related to risk, reliability and sustainability in the field of civil and environment engineering - Gives firsthand experience of new tools to integrate existing artificial intelligence models with large information obtained from different sources - Provides engineering solutions that have a positive impact on sustainability




Project Management Maturity Model


Book Description

Projects have always been an exciting professional field due to the unique factor of novelty and variableness which has aptly led to the discipline of “Project Management”. From time immemorial, Projects have been undertaken, and human civilization has emerged with great creativity, precision, and finesse. The world’s wonders like the Eiffel Tower, Pyramids of Egypt, Taj Mahal & GT Road are some of the historical testimonies of Projects. But these projects were devoid of time & cost, which in the present context are the significant aspect of any project. High-performing organizations show a high level of alignment between Organizational Strategy and Projects. In the Indian context, around 50% of infrastructure projects have time and cost overruns. Most organizations are deaf to timely resolution of issues & contractual disputes, which lead to arbitration and legal suits, causing cash outflow. During his long project execution career, author coined the slogan “Constraint first, Progress Later”, with an understanding of the barriers on the way or mitigation of the anticipated risks to clear the projects path. The author with his vast experience of more than 40 years in Hydrocarbon & Renewable projects and expertise, developed a practical model based on “Krishna Consciousness”, i.e., Unconscious, Semi-Conscious, Conscious & Super-Conscious on project management practices to control the projects for their completion within time and cost.




Research Outlook,Innovations & Research Trends in Science & Technology


Book Description

This book is focused predominantly on academicians, research scholars belong to science and engineering, managers, scientists, technicians, and other professionals in the field of qualitative research. This book is comprehended from different sources of research in Science and Technology. On the first occasion, the task of providing researchers with a broad view of the relationship between science and technology. The second reason for writing the book was the need to fill a gap in academics and research. While many excellent books, documents, and article exist for innovative practices, we have not found a work in which we can properly understand the content that the researcher needs to understand. So, after much deliberation, we decided to collect all quality efforts in one string. At the most basic level, this book is trying to show research scholars; what science, technology, and innovations are all about. It cannot study or gain knowledge of that part and is at a level that most researchers should find clear and understandable. Our goal was to develop content that will help researchers who are beginning to use innovative practices. We hope to meet the needs of academicians, research scholars who are being encouraged to incorporate more reading and writing in the field of science and technology. In summary, this book is targeted to the needs of individuals engaged in quality research activities in science and technology. Our goal is to present the topics of creativity and innovation to this audience in a way that enables them to incorporate new skills into their daily work. We would like to thank all the contributors who have made the production of this book so fascinating and enjoyable. Their scholarship and dedicated commitment and motivation to ‘getting it right’ are the keys to the book’s quality, and we greatly appreciate their good nature over many months in the face of our editorial demands and time limits. We are also grateful for using their texts, ideas, and critical remarks We would also like to thank Prof Dr Nilam N Ghuge, Prof Dr D Ayub Khan Dawood, Prof Dr Vilas A Pharande, all reviewers and all authors for their help in consolidating the interdisciplinary of the book. We are grateful to all the 18 institutions for their support. It will not be possible to bring out this edition.







Advances in Civil Engineering


Book Description

This volume comprises select peer reviewed papers presented at the international conference - Advanced Research and Innovations in Civil Engineering (ARICE 2019). It brings together a wide variety of innovative topics and current developments in various branches of civil engineering. Some of the major topics covered include structural engineering, water resources engineering, transportation engineering, geotechnical engineering, environmental engineering, and remote sensing. The book also looks at emerging topics such as green building technologies, zero-energy buildings, smart materials, and intelligent transportation systems. Given its contents, the book will prove useful to students, researchers, and professionals working in the field of civil engineering.




Clean Energy Investments for Zero Emission Projects


Book Description

This contributed volume analyses and discusses how atmospheric carbon emissions can be prevented using carbon capture and removal technology and how renewable energies can be used to reduce carbon emissions. Both approaches have their disadvantages. First of all, both involve high costs. Secondly, both require the use of advanced technology. As a result, many countries continue to use fossil fuels. The book seeks to address these problems by identifying strategies to increase countries’ use of clean energy. The authors discuss the dilemmas of zero emission and competition in the energy industry and illustrate cross-country applications of the current trends in the form of zero-emission business projects.




Banking, Finance, and Accounting: Concepts, Methodologies, Tools, and Applications


Book Description

With the global economy still in recovery, it is more important than ever for individuals and organizations to be aware of their money and its potential for both depreciation and growth. Banking, Finance, and Accounting: Concepts, Methodologies, Tools, and Applications investigates recent advances and undertakings in the financial industry to better equip all members of the world economy with the tools and insights needed to weather any shift in the economic climate. With chapters on topics ranging from investment portfolios to credit unions, this multi-volume reference source will serve as a crucial resource for managers, investors, brokers, and all others within the banking industry.




Construction Digitalisation


Book Description

This book explores construction digitalisation, particularly in developing countries. The book conceptualises a digitalisation capability maturity model that will enable construction organisations to self-assess and benchmark their digital capabilities in their quest for digital transformation. Digitalisation offers a significant solution to the age-long problems of the construction industry. Research shows that when construction organisations transform from a traditional service delivery approach to a more digitalised approach, significant improvement in project delivery and better competitive advantage for these organisations will be attained. The attainment of these benefits is evident in developed countries where the digitalisation of construction activities continues apace. Unfortunately, the story is not the same for construction organisations in developing economies. While some organisations might be willing to be digitally transformed, most have no clue how to go about it. To this end, this book provides guidelines for construction organisations seeking to transform their entities digitally. Its content is a valuable read for construction company owners as it provides a model which they can use in the digitalisation of their activities. Also, regulatory bodies in the construction industry can adopt the capabilities identified in the book as essential prerequisites for their members. Furthermore, the book serves as excellent theoretical background reading for management researchers seeking to expand their knowledge on the digitalisation of the construction industry and other associated industries.